TATUM v. RJR PENSION INV. COMMITTEE

No. 13-1360.

761 F.3d 346 (2014)

Richard G. TATUM, individually and on behalf of a class of all other persons similarly situated, Plaintiff-Appellant, v. RJR PENSION INVESTMENT COMMITTEE; RJR Employee Benefits Committee; R.J. Reynolds Tobacco Holdings, Inc.; R.J. Reynolds Tobacco Company, Defendants-Appellees. AARP; National Employment Lawyers Association; Thomas E. Perez, Secretary of the United States Department of Labor, Amici Supporting Appellant, v. Chamber of Commerce of the United States of America; American Benefits Council, Amici Supporting Appellees.

United States Court of Appeals, Fourth Circuit.

Decided: August 4, 2014.


Attorney(s) appearing for the Case

ARGUED: Catha Worthman , Lewis, Feinberg, Lee, Renaker & Jackson, P.C., Oakland, California, for Appellant. Adam Howard Charnes , Kilpatrick Townsend & Stockton LLP, Winston-Salem, North Carolina, for Appellees. Michael R. Hartman , United States Department of Labor, Washington, D.C., for Amicus Thomas E. Perez, Secretary of the United States Department of Labor. ON BRIEF: Jeffrey G. Lewis , Lewis, Feinberg, Lee, Renaker & Jackson, P.C., Oakland, California; Robert M. Elliot , Helen L. Parsonage , Elliot Morgan Parspage , Winston-Salem, North Carolina; Kelly M. Dermody , Daniel M. Hutchinson , Lieff Cabraser Heimann & Bernstein, LLP, San Francisco, California, for Appellant. Daniel R. Taylor, Jr. , Richard D. Dietz , Chad D. Hansen , Thurston H. Webb , Kilpatrick Townsend & Stockton LLP, Winston-Salem, North Carolina, for Appellees. Ronald Dean , Ronald Dean ALC, Pacific Palisades, California; Rebecca Hamburg Cappy , National Employment Lawyers Association, San Francisco, California; Mary Ellen Signorille , AARP Foundation Litigation, Washington, D.C.; Melvin Radowitz , AARP, Washington, D.C., for Amici AARP and National Employment Lawyers Association. Hollis T. Hurd , The Benefits Department, Bridgeville, Pennsylvania; Kathryn Comerford Todd , Steven P. Lehotsky , Jane E. Holman , National Chamber Litigation Center, Washington, D.C.; Janet M. Jacobson , American Benefits Council, Washington, D.C., for Amici Chamber of Commerce of the United States of America and American Benefits Council. M. Patricia Smith , Solicitor of Labor, Timothy D. Hauser , Associate Solicitor for Plan Benefits Security, Elizabeth Hopkins , Counsel for Appellate and Special Litigation, Stephanie Lewis , United States Department of Labor, Washington, D.C., for Amicus Thomas E. Perez, Secretary of the United States Department of Labor.

Affirmed in part, vacated in part, reversed in part, and remanded by published opinion. Judge MOTZ wrote the majority opinion, in which Judge DIAZ joined. Judge WILKINSON wrote a dissenting opinion.


DIANA GRIBBON MOTZ, Circuit Judge:

This is an appeal from a judgment in favor of R.J. Reynolds Tobacco Company and R.J. Reynolds Tobacco Holdings, Inc. (collectively "RJR"). Richard Tatum brought this suit on behalf of himself and other participants in RJR's 401(k) retirement savings plan (collectively "the participants"). He alleges that RJR breached its fiduciary duties under the Employee Retirement Income Security Act...

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